Minneapolis, Minnesota

Find a property manager in Minneapolis

Connect with experienced property management professionals who know the Minneapolis rental market inside and out.

Get Matched with Local Managers
125
Managers in Minneapolis
$1,800
Average Rent
4.8/5
Average Manager Rating

Minneapolis Rental Market Overview

Current market trends and statistics to help you make informed property management decisions

Annual Rent Growth
+4.0%
Year over year
Vacancy Rate
5.8%
Current market
Days on Market
23
Average rental
1BR Median
$1,550
Per month

Median Rents by Bedroom Count

1 Bedroom
$1,550
2 Bedrooms
$2,050
3 Bedrooms
$2,700

Key Economic Drivers in Minneapolis

Healthcare
Finance
Manufacturing
Technology
Retail

These industries drive rental demand and influence the types of tenants seeking housing in Minneapolis.

Why you need a local Minneapolis property manager

Local Market Knowledge

Minneapolis’s rental demand is shaped by its Healthcare and Finance sectors, with rents currently growing +4.0% year over year and vacancy sitting around 5.8%. A local manager knows the difference between a market like Downtown (professionals, urban lifestyle, winter convenience) and the rest of Minneapolis — pricing, turnover, and tenant expectations vary block by block.

Regulatory Compliance

Minnesota caps security deposits at no statutory limit. On entry notice: reasonable notice required. And Minneapolis enforces local rent control (Yes). Minneapolis also has its own rules on top of that, like truth in renting ordinance — easy for an out-of-state or hands-off owner to miss.

Quick Response Times

Rentals in Minneapolis typically lease within 23 days when priced and marketed correctly — but that window closes fast. A manager physically based in Minneapolis can turn a unit, screen applicants, and handle maintenance calls same-day instead of coordinating everything remotely.

Popular Minneapolis neighborhoods we serve

Each neighborhood has unique characteristics and rental dynamics. Our property managers know them all.

Downtown

$1,700-$3,200

Urban core, skyways, business district, high-rises

Best For:
Professionals, urban lifestyle, winter convenience

Uptown

$1,500-$2,600

Trendy, lakes, young professionals, nightlife

Best For:
Young professionals, lake lifestyle, social scene

Northeast

$1,300-$2,300

Artistic, breweries, diverse, community feel

Best For:
Artists, young professionals, craft beer enthusiasts

North Loop

$1,800-$3,400

Warehouse district, trendy, restaurants, modern

Best For:
Young professionals, urban lifestyle, foodies

Lyn-Lake

$1,400-$2,400

Eclectic, walkable, diverse, cultural hub

Best For:
Young professionals, diverse communities, walkable

And many more neighborhoods throughout Minneapolis

Minneapolis Rental Regulations

Stay compliant with local landlord-tenant laws. Our property managers are experts in Minnesota regulations.

Rent Control

Yes

Rent stabilization ordinance passed in 2021: 3% annual increase cap (or CPI, whichever is lower).

Landlord Licensing

Rental dwelling license required

Security Deposit Limits

No statutory limit

Entry Notice Requirements

Reasonable notice required

Special Ordinances & Requirements

  • Truth in Renting ordinance
  • Rental license inspections required
  • Tenant protections including screening fee limits

Why this matters: Professional property managers stay current with all Minneapolis and Minnesota regulations, protecting you from costly compliance violations and legal issues.

How to get started

Finding a property manager in Minneapolis is simple with Rental Manager Match

1

Tell us about your property

Share details about your Minneapolis property and management needs

2

Get matched

We'll connect you with 2-3 qualified Minneapolis property managers

3

Choose your manager

Interview candidates and select the best fit for your property

Find your Minneapolis property manager

Get matched with local professionals in minutes

What happens after you submit

  • 1
    You finish 3 quick steps
    Contact, property details, preferences.
  • 2
    We shortlist local managers
    Licensed, insured, reference-checked.
  • 3
    You compare and pick, or walk away
    Zero cost. Zero pressure.
Cost to you
$0

Our matching service is completely free for property owners. No fees, no obligation, ever.

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